credit crunch surely? Previous loan on a nice low interest rate

Banks are a little twitchy now and see the chance to change a, say , ?8m loan on 5% (or whatever) into an ?8m loan on 7 or 8%.

Nice bit of extra money for them.

I really can't see how they wouldn't want to call them in in the current climate.

Posted By: megson, Jul 11, 11:08:50